Cheap 2 Bedroom Apartments for Rent in Bloomington, IL from $664 (110 Rentals)

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 706 W Graham St

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

2 Bedroom, 1 Bath Home for Rent

Available Now

706 W Graham St

BloomingtonIL61701

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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2208 Todd Dr
2 Bedroom Apartments

2208 Todd Dr

2208 Todd DrBloomington, IL 61704
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Heartland Apartments
2 Bedroom Apartments

Heartland Apartments

922-924 W Front StBloomington, IL 61701
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320 Riley Dr
2 Bedroom Apartments

320 Riley Dr

320 Riley DrBloomington, IL 61701
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President Place Apartments
2 Bedroom Apartments

President Place Apartments

818-824 E Washington StBloomington, IL 61701
Corporate Housing
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Anglers Cove
2 Bedroom Apartments

Anglers Cove

1002 Arlene CtBloomington, IL 61701
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1214 Orchard
2 Bedroom Apartments

1214 Orchard

1214 Orchard RdBloomington, IL 61704
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Garden Grove
2 Bedroom Apartments

Garden Grove

1206 E Grove StBloomington, IL 61701
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2408 Rainbow Ave
2 Bedroom Apartments

2408 Rainbow Ave

2408 Rainbow AveBloomington, IL 61704
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2104 Rainbow Avenue
2 Bedroom Apartments

2104 Rainbow Avenue

2002-2004 Rainbow AveBloomington, IL 61704
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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2001 S Morris Ave
2 Bedroom Apartments

2001 S Morris Ave

2001 S Morris AveBloomington, IL 61704
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909 N Main St
2 Bedroom Apartments

909 N Main St

909 N Main StBloomington, IL 61701
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1007 Arlene
2 Bedroom Apartments

1007 Arlene

1007 Arlene CtBloomington, IL 61701
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2101 Todd Drive
2 Bedroom Apartments

2101 Todd Drive

2101-2103 Todd DrBloomington, IL 61704
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1104 Hershey Road
2 Bedroom Apartments

1104 Hershey Road

1104 N Hershey RdBloomington, IL 61704
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Todd Drive Apartments
2 Bedroom Apartments

Todd Drive Apartments

2111 Todd DrBloomington, IL 61704
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Anglers
2 Bedroom Apartments

Anglers

1005 Arlene CtBloomington, IL 61701
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9 Willedrob Road
2 Bedroom Apartments

9 Willedrob Road

9 Willedrob RdBloomington, IL 61701
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Mercer Park Apartments
2 Bedroom Apartments

Mercer Park Apartments

1004 S Mercer AveBloomington, IL 61701
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Bloomington, IL Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Bloomington, IL Rentals by Map

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Frequently Asked Questions about Cheap Bloomington Apartments

What is a cheap apartment in Bloomington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bloomington is under $820.

What is the price of a cheap apartment in Bloomington?

The cheapest apartment in Bloomington is Traditions Bloomington which is listed at $831, while the average apartment in Bloomington costs $1,650.

What types of apartments are the cheapest in Bloomington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Bloomington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Bloomington?

Cheap apartments in Bloomington have an average cost of $492 which is $1,158 cheaper than the average rent for all rentals in Bloomington.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.